Real Estate Market Report for
Scotsburn, NS

Updated : Aug 2016
House
  • Median price $119,900
  • Monthly growth 9.29 %
  • Quarterly trend
  • Stock on market 0.08%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Scotsburn Home Price

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The median asking price in Scotsburn is $119,900, quite a drop from the median three months ago which was $179,000 .

While the median for Nova Scotia is $232,500 , which means that Scotsburn’s median price is $119,900 a lot lower than the rest of the province.

Nova Scotia has the fifth most amount of properties available to property investors, with Scotsburn having 417th most in the province, out of a total of 825.

It’s never an exact art, but to try to forecast how property is going to appreciate in Scotsburn for investors, it’s important to look at data like:

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Scotsburn there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

It’s never an exact art, but to try to forecast how property is going to appreciate in Scotsburn for investors, it’s important to look at data like:

Beds Median price (House) Median price (Apartment)
2 bedrooms $71,500
3 bedrooms $210,000
4 bedrooms $111,000
Demographics
  • Population in 20116397
  • Population in 20066412
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings3824
  • Private dwellings occupied by usual residents2729
  • Population density per square kilometre8.3
  • Land area (square km)771.02
  • Age Characteristics
    Total population by age groups 6395
    0 to 4 years 260
    5 to 9 years 310
    10 to 14 years 305
    15 to 19 years 330
    15 years 55
    16 years 75
    17 years 65
    18 years 80
    19 years 65
    20 to 24 years 290
    25 to 29 years 205
    30 to 34 years 300
    35 to 39 years 350
    40 to 44 years 410
    45 to 49 years 520
    50 to 54 years 610
    55 to 59 years 630
    60 to 64 years 625
    65 to 69 years 485
    70 to 74 years 325
    75 to 79 years 200
    80 to 84 years 130
    85 years and over 110
    Median age of the population 49.2
    % of the population aged 15 and over 86.4
  • Marital Status
    Total population 15 years and over by marital status 5525
    Married or living with a common-law partner 3735
    Married (and not separated) 3205
    Living common-law 530
    Not married and not living with a common-law partner 1790
    Single (never legally married) 1055
    Separated 135
    Divorced 280
    Widowed 325
    Family Characteristics
    Total number of census families in private households 2075
    Size of census family: 2 persons 1250
    Size of census family: 3 persons 395
    Size of census family: 4 persons 300
    Size of census family: 5 or more persons 120
    Total number of census families in private households 2070
    Total couple families by family structure and number of children 1850
    Married couples 1585
    Without children at home 955
    With children at home 630
    1 child 275
    2 children 245
    3 or more children 110
    Common-law couples 265
    Without children at home 150
    With children at home 115
    1 child 55
    2 children 50
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 230
    Female parent 155
    1 child 100
    2 children 45
    3 or more children 10
    Male parent 65
    1 child 45
    2 children 20
    3 or more children 5
    Total children in census families in private households 1630
    Under six years of age 320
    6 to 14 years 540
    15 to 17 years 185
    18 to 24 years 360
    25 years and over 220
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 6355
    Number of persons not in census families 805
    Living with relatives 105
    Living with non-relatives only 60
    Living alone 640
    Number of census family persons 5550
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1250
    Number of persons not in census families aged 65 years and over 340
    Living with relatives 45
    Living with non-relatives only 5
    Living alone 285
    Number of census family persons aged 65 years and over 910
    Total number of private households by household type 2730
    Census-family households 2045
    One-family-only households 1955
    Couple-family households 1770
    Without children 1060
    With children 705
    Lone-parent-family households 185
    Other family households 90
    One-family households with persons not in a census family 55
    Couple-family households 40
    Without children 20
    With children 25
    Lone-parent-family households 15
    Two-or-more-family households 25
    Non-census-family households 685
    One-person households 640
    Two-or-more-person households 45
    Total number of occupied private dwellings by structural type of dwelling 2725
    Single-detached house 2425
    Apartment, building that has five or more storeys 0
    Movable dwelling 205
    Other dwelling 100
    Semi-detached house 30
    Row house 25
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 5
    Total number of private households by household size 2725
    1 person 640
    2 persons 1225
    3 persons 390
    4 persons 310
    5 persons 110
    6 or more persons 40
    Number of persons in private households 6355
    Average number of persons in private households 2.3
Census 2011

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